Asian rice exporters set up body to control prices

Ulhas Joglekar uvj at vsnl.com
Thu Oct 10 07:41:39 PDT 2002


The Times of India

THURSDAY, OCTOBER 10, 2002

Asian rice exporters set up body to control prices

REUTERS

BANGKOK: Ministers from Asia's top rice exporters said on Wednesday they had agreed to establish for the first time an international organisation to try to stabilise volatile world prices.

Ministers from Thailand, Vietnam, India, Pakistan and China -- which together account for 65 per cent of the world's 25 million tonnes of rice exports -- said after meeting in Bangkok that they wanted to tip the balance in price negotiations in favour of exporters.

http://timesofindia.indiatimes.com/cms.dll/articleshow?artid=24696984



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